Accessibility Statement Skip Navigation
  • Resources
  • Investor Relations
  • Journalists
  • Agencies
  • Client Login
  • Send a Release
Return to PR Newswire homepage
  • News
  • Products
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • All Public Company
      • English-only
      • News Releases Overview

      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
      • Multimedia Gallery Overview

      • Trending Topics

      • All Trending Topics
  • Business & Money
      • Auto & Transportation

      • All Automotive & Transportation
      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • Auto & Transportation Overview

      • View All Auto & Transportation

      • Business Technology

      • All Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • Business Technology Overview

      • View All Business Technology

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Financial Services & Investing

      • All Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • Financial Services & Investing Overview

      • View All Financial Services & Investing

      • General Business

      • All General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • General Business Overview

      • View All General Business

  • Science & Tech
      • Consumer Technology

      • All Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • Consumer Technology Overview

      • View All Consumer Technology

      • Energy & Natural Resources

      • All Energy
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • Energy & Natural Resources Overview

      • View All Energy & Natural Resources

      • Environ­ment

      • All Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • Environ­ment Overview

      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • All Heavy Industry & Manufacturing
      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • Heavy Industry & Manufacturing Overview

      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • All Telecomm­unications
      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • Telecomm­unications Overview

      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • All Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • Consumer Products & Retail Overview

      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • All Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • Entertain­ment & Media Overview

      • View All Entertain­ment & Media

      • Health

      • All Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • Health Overview

      • View All Health

      • Sports

      • All Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • Sports Overview

      • View All Sports

      • Travel

      • All Travel
      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • Travel Overview

      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • All Policy & Public Interest
      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • Policy & Public Interest Overview

      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • All People & Culture
      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • People & Culture Overview

      • View All People & Culture

      • In-Language News

      • Arabic
      • español
      • português
      • Česko
      • Danmark
      • Deutschland
      • España
      • France
      • Italia
      • Nederland
      • Norge
      • Polska
      • Portugal
      • Россия
      • Slovensko
      • Suomi
      • Sverige
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Hamburger menu
  • PR Newswire: news distribution, targeting and monitoring
  • Send a Release
    • ALL CONTACT INFO
    • Contact Us

      888-776-0942
      from 8 AM - 10 PM ET

  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • News in Focus
    • Browse All News
    • Multimedia Gallery
    • Trending Topics
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • Explore Our Platform
  • Plan Campaigns
  • Create with AI
  • Distribute Press Releases
  • Amplify Content
  • All Products
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices
  • Send a Release
  • Client Login
  • Resources
  • Blog
  • Journalists
  • RSS

CINDE Announces: In the last two years INTEL invested close to USD $1billion in Costa Rica and officially inaugurated an Assembly and Test plant


News provided by

CINDE

Aug 11, 2022, 10:00 ET

Share this article

Share toX

Share this article

Share toX

  • During the pandemic, hirings have surpassed 1750 new workforce additions.
  • Today, a significant share of the product units are produced and shipped to different clients world-wide since

HEREDIA, Costa Rica, Aug. 11, 2022 /PRNewswire/ -- As part of Intel's celebration of its 25th anniversary in Costa Rica, the company officially inaugurated the Assembly and Test factory located in San Antonio de Belen. The event counted with the participation of Costa Rica's president, Rodrigo Chaves, and several of his ministers.

The manufacturing facilities in the country started to operate with assembly and test end-to-end processes in September 2021 (testing operation exportations began during April 2020), but due to the COVID-19 pandemic, the site had not been officially inaugurated.

Today, a significant share of server units products offered by Intel to global markets are tested, and shipped in Costa Rica, this increases the relevance of local operations within Intel's IDM 2.0 global strategy. These operations are part of the Manufacturing, Supply Chain and Operations organization of the company. Once the manufacturing process of silicon wafers is completed at Intel fabs, the components are cut off and shipped into a center of assembly and test. Each chip is assembled inside a package that protects and allows it to connect to other components. Finally, its functionality is tested out.

"Costa Rica is a fitting location for this important expansion of our assembly and test operations. The work we do here is critical to rebalancing the global semiconductor supply chain and supplying the industry with much-needed chips," said Pat Gelsinger, CEO of Intel. "We appreciate the partnership, passion, and commitment from the government, the community, and the local ecosystem since we opened our first operation 25 years ago and look forward to many more."

Through all its 25 years of operations, today Intel Costa Rica has the biggest and complex logistics: a workforce that surpasses 3700 collaborators, job opportunities for more than 5600 contingent workers, 26.000 square meters across its plant, and 17.000 square meters of multioperation engineering laboratories centered in software, hardware, and platforms, as well as the most specialized service center of its time.

Rodrigo Chaves, President of the Republic, shared, "For our country, being able to count on Intel these last 25 years has been a blessing, because the jobs generated by this company have translated into benefits for the entire country. This 25-year commitment between Costa Rica and Intel is strengthened with the inauguration of this Assembly and Test plant. This also tells us that there is outstanding human talent in the country to enhance the technologies of companies of this type". 

Operations are consolidating 
Keyvan Esfarjani, Chief Global Operations Officer and Executive Vice President of Intel, shared, "The Intel Costa Rica team is a critical part of Intel's global assembly and test manufacturing, and I am proud of them for achieving this 25-year milestone. It is a testament to the world-class execution of our teams. In addition, I appreciate our strong partnerships with the government and our suppliers." The factory is continuing to progress with the installation of the necessary equipment to reach its maximum capacity, including edge technologies with prediction capabilities, robotics, and autonomous management, giving an impulse to the region's 4.0 industry.

This growth has been possible thanks to different factors, such as the existing infrastructure, the synergy with already established operations in the site, human talent, the regime of free zone and juridical certainty, which gave Intel a favorable option to amplify its capacity in Costa Rica.

The Minister of Foreign Trade, Manuel Tovar, said, "25 years ago, Intel chose Costa Rica to be its home. The talent of many Costa Ricans launched the operations of this company, which today confirms, that the decision of choosing our country was the correct one. From the Assembly and Test Operations Plant in Costa Rica, products are manufactured and exported to many corners of the world and have allowed the country to occupy important positions in increasingly sophisticated global value chains".

He also mentioned that, "the company's three centers of excellence in the country generates around 3,500 direct, quality jobs for Costa Ricans, which translates into opportunities, development and well-being for many families".

High-value operations
"We create world-changing technology that improves the lives of every person on the planet, The passion, commitment, and innovation of Costa Rican talent have been crucial for this evolution, which allow us to keep increasing our value for the corporation through our three centers of excellence, generating a positive impact. The country must continue promoting its competitiveness constantly as it happens in the rest of the world", said Ileana Rojas, Design Engineering Group and General Manager, Intel Costa Rica.

For his part, Chairman of the Board of CINDE, Eric Scharf, added, "This Intel growth is one more proof of the capacity of Costa Rican talent and our favorable investment climate for carrying out assembly and testing operations in Costa Rica to meet the strong global demand for semiconductors. We congratulate Intel on the official inauguration of this plant. We also acknowledge its significant mark on the country as a promoter of technology transfer, positioning us as a key destination for foreign direct investment (FDI)".

Intel Costa Rica counts on three big centers of excellence:

1.  The Center of Research & Development (R&D): Currently the biggest engineering hub and the major exporter of these services across the country, dedicated to designing, prototype, testing and validation of integrated circuits solutions, software and platforms. Here 48% of the workforce is employed.

2.  Assembly and Testing of Chips: here 27% of the Manufacture and Supply Chain organization is hired, and it performs assembly, testing of server products offered by Intel at the market.

3.  The Center of Global Services: designs, performs and transforms multifunctional business processes at a global scale across Finance, Human Resources, Sales and Marketing and supply chain offering high value in innovation and business transformation. Costa Rica is the major finance hub in the corporation with more than 440 employees working on finance modernization globally. Here other 25% of the workforce is employed.

Commitment with the country
Besides the operations, Intel continues to invest in the country and its people. For this year, the goal is to reach 1000 students with Science, Technology, Engineering and Mathematics (STEM) programs through a donation of more than $100 thousand dollars to advance education across this area, from school and his schools to higher education. Also, Intel donated 16 robotic arms and the necessary training for educational instructors in charge of professional technical college equipment in the country, in order to improve the learning of students in matters of robotics and programming.

Currently and in the upcoming months it is expected that there will be about 100 open positions in areas such as production technicians, manufacturing and maintenance supervisors, process engineers, among other activities required in the assembly and testing fab. Additionally, there are job opportunities available with the student-worker program. All the requirements can be consulted only at www.intel.com/jobs.

SOURCE CINDE

21%

more press release views with 
Request a Demo

Modal title

Also from this source

Costa Rica Maintains Strong FDI Momentum: 73 Investment Projects with CINDE's Strategic Support

Costa Rica Maintains Strong FDI Momentum: 73 Investment Projects with CINDE's Strategic Support

Despite a difficult global panorama for foreign direct investment (FDI), Costa Rica successfully navigated shifting economic currents and maintained...

Costa Rica Continues to Strengthen Its Position as a Leading Hub for Life Sciences Companies

Costa Rica Continues to Strengthen Its Position as a Leading Hub for Life Sciences Companies

CINDE, together with BAC, Baker Tilly, Cushman & Wakefield | AB Advisory, and Aguilar Castillo Love, is set to participate in MD&M West 2025, North...

More Releases From This Source

Explore

Outsourcing Businesses

Outsourcing Businesses

Banking & Financial Services

Banking & Financial Services

General Manufacturing

General Manufacturing

General Manufacturing

General Manufacturing

News Releases in Similar Topics

Contact PR Newswire

  • Call PR Newswire at 888-776-0942
    from 8 AM - 9 PM ET
  • Chat with an Expert
  • General Inquiries
  • Editorial Bureaus
  • Partnerships
  • Media Inquiries
  • Worldwide Offices

Products

  • For Marketers
  • For Public Relations
  • For IR & Compliance
  • For Agency
  • All Products

About

  • About PR Newswire
  • About Cision
  • Become a Publishing Partner
  • Become a Channel Partner
  • Careers
  • Accessibility Statement
  • APAC
  • APAC - Simplified Chinese
  • APAC - Traditional Chinese
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Indonesia
  • Israel
  • Italy
  • Japan
  • Korea
  • Mexico
  • Middle East
  • Middle East - Arabic
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United Kingdom
  • Vietnam

My Services

  • All New Releases
  • Platform Login
  • ProfNet
  • Data Privacy

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Platform Login
  • ProfNet
Call PR Newswire at
888-776-0942
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookies
Copyright © 2025 Cision US Inc.